US appeals court allows Trump tariffs to remain longer
A US federal appeals court is allowing president Donald Trump鈥檚 global tariffs to remain in effect for now while it considers the case on an expedited track...
Tags : tariffs
Trump to double steel, aluminum tariffs to 50pc
US president Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 per cent from next week, the latest salvo in his trade wars aimed at protecting domestic industries...
Macron gives Vietnamese students a lesson in 鈥榠mpulsive鈥� superpowers
Between jabs at Donald Trump鈥檚 US trade tariffs and criticism of Beijing鈥檚 assertiveness in the South China Sea, French president Emmanuel Macron warned Vietnamese students Tuesday that 鈥榦n the impulse of a superpower, everything can change鈥�...
Trump delays EU tariffs until July 9
US president Donald Trump said on Sunday that he would pause his threatened 50-per cent tariffs on the European Union until July 9, after a 鈥榲ery nice call鈥� with European Commision president Ursula von der Leyen...
German minister urges 鈥榮erious talks鈥� with US on tariffs
German finance minister Lars Klingbeil on Sunday urged 鈥榮erious negotiations鈥� with the United States after President Donald Trump threatened to bring in 50-percent tariffs on imports from the European Union...
Walmart warns of higher prices due to tariffs
Walmart on Thursday reported another solid quarter behind sales gains in the United States, but warned of higher prices and continued uncertainty over president Donald Trump鈥檚 tariffs...
India plans new import duties on US products to counter Trump鈥檚 tariffs
India is considering imposing import duties on some US products to counter President Donald Trump's tariffs on steel and aluminium, it said in a document submitted to the World Trade Organization.
Honda forecasts 70pc net profit drop
Japan鈥檚 Honda Motor on Tuesday forecast a 70 per cent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry...
Unemployment in UK highest since 2021
Britain鈥檚 unemployment rate has reached the highest level since August 2021, official data showed Tuesday, with businesses facing a UK tax hike and US tariffs...
Nissan posts $4.5b annual net loss
Japan鈥檚 Nissan posted an annual net loss of $4.5 billion on Tuesday while saying it plans to cut 15 per cent of its global workforce and warning about the possible impact of US tariffs...
US, China agree to slash tariffs
The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a trade war that has roiled financial markets and raised fears of a global economic downturn...
Trump hints cutting China tariffs to 80pc
US president Donald Trump signaled on Friday that he could lower sky-high tariffs on Chinese imports, as the rival superpowers prepare for trade talks in Switzerland over the weekend.
Trump unveils UK trade deal, first since tariff blitz
US president Donald Trump and British prime minister Keir Starmer unveiled a 鈥榟istoric鈥� trade agreement Thursday, Trump鈥檚 first deal with any country since he unleashed a blitz of sweeping global tariffs.
EU to hit US goods worth 100b euros with tariffs
The EU is preparing to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs in retaliation for president Donald Trump鈥檚 sweeping levies if talks fail, European diplomats told AFP Wednesday...
Australians vote amid concerns over Trump tariffs, living costs
Australians began voting Saturday in a bitterly contested general election, deciding a contest shaped by living costs, climate anxiety and US President Donald Trump's tariffs.
US economy contracts in Jan-Mar
The US economy unexpectedly contracted in the first three months of this year, according to fresh data published Wednesday, due largely to a surge in imports ahead of the introduction of sweeping tariffs by president Donald Trump...
Samsung Electronics posts 22pc jump in Q1 net profit
South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 per cent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs...
Volvo Cars launches $1.9b cost-cutting plan
Sweden鈥檚 Volvo Cars announced Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs...
Trump trade war pushes firms to consider stockpiling
Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it is not so straightforward this time around...
Volkswagen to make Audis in US to adjust tariffs
Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs on automobiles ordered by president Donald Trump, the German carmaker鈥檚 CEO said in an interview released Friday...
Govt urged to watch first, act then
Economist Rehman Sobhan on Thursday said rushing to Washington in a show of modesty to deal with the newly announced tariff policy by the United States was not a good strategy...
No retaliatory measures against US: ASEAN economic ministers
Economic ministers of the ASEAN regional bloc committed on Thursday 鈥榯o not impose any retaliatory measures鈥� against the United States over sweeping tariffs and said they were ready to engage in talks...
Trump鈥檚 new tariffs take effect
US president Donald Trump鈥檚 punishing tariffs on dozens of economies came into force Wednesday, including 104 per cent in levies against Chinese goods, sending markets into a tailspin again...
EU proposes 25pc tariffs on US goods
The EU plans tariffs of up to 25 percent on US goods in retaliation for levies on metals, but will spare bourbon to shield European wine and spirits from reprisals, according to a document seen by AFP on Tuesday...
RMG workers鈥� union wants parley with US
Sammilita Garment Sramik Federation urged the interim government to engage in diplomatic talks with the US over the reciprocal tariffs imposed by the Trump administration, emphasising the need for an acceptable solution to prevent negative impacts of the tariff on workers...
UK readies to protect industry amid US tariffs
The 鈥榳orld as we knew it鈥� is over, UK prime minister Keir Starmer said Sunday, as the world braced for further fallout from the introduction of US tariffs...
US farmers see tariffs threaten earnings
As president Donald Trump鈥檚 sweeping global tariffs took effect this weekend, US farmers hoping for a profit this year instead found themselves facing lower crop prices 鈥� and the prospect of ceding more ground on foreign markets...
US passion for tariffs rarely pays off, economists warn
Long before Donald Trump鈥檚 鈥楲iberation Day鈥� announcement, the United States had toyed with imposing high tariffs throughout its history, with inconclusive鈥攁nd sometimes catastrophic鈥攔esults...
How can the EU respond to Trump tariffs?
The EU has 鈥榚verything on the table鈥� as a response to president Donald Trump鈥檚 sweeping new tariffs聽 -- including possibly targeting US Big Tech and taxing more American goods 鈥� should talks with Washington fail...
California to defy Trump鈥檚 tariffs
California governor Gavin Newsom said Friday that he will seek agreements with the rest of the world to avoid the expected retaliations against US president Donald Trump鈥檚 tariffs...